TheWay to Internationalization for Small & Medium-sized Enterprises !a Industry Cluste
Xiaoshui Yu, Jin He
Abstract
Open-access reader
Xiaoshui Yu, Jin He
Abstract
Open-access reader
With the globalization of the world economy, especially after China entering the WTO, it is an unavoidable trend for China!?small & medium-sized enterprises to join the international competition.According to the analysis on the advantages anddisadvantages of China!?s small & medium-sized enterprises, industrial cluster should be an efficient way for the small medium-sized enterprises to reach the target of internationalization. By establishing and improving specialized industry clusters with regional uniqueness, China!?s small & medium-sized enterprises could have formed their core competing powe in global competition and carry out their strategy of internationalization.
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With the globalization of the world economy, especially after China entering the WTO, it is an unavoidable trend for China!?small & medium-sized enterprises to join the international competition.According to the analysis on the advantages anddisadvantages of China!?s small & medium-sized enterprises, industrial cluster should be an efficient way for the small medium-sized enterprises to reach the target of internationalization. By establishing and improving specialized industry clusters with regional uniqueness, China!?s small & medium-sized enterprises could have formed their core competing powe in global competition and carry out their strategy of internationalization.
Key concepts: Internationalization, Business, Competition (biology), China, Small and medium-sized enterprises, Globalization, Carry (investment), Industrial organization